Tag: dishonest employee


Shedding Light on Retail Theft Statistics

Shedding Light on Retail Theft Statistics

Loss prevention and retail industry professionals have a responsibility to stay informed about the latest retail theft statistics. This post provides a snapshot of what retailers currently face when it comes to loss and theft.
Inventory Shrink
Inventory shrinkage refers to the difference between the merchandise a retailer shows in its records   Read More


Closing a Retail Store: Loss Prevention’s Role

Closing a Retail Store: Loss Prevention’s Role

Senior loss prevention executives throughout retail are coming to grips with a new entry into the field of promotional sale events—the all-too-frequent store-closing sale.

It is no longer a rarity that LP managers are called upon to design and implement shrink-control programs that protect inventories throughout the process of closing a retail store. Often, a   Read More


Cashing In on Security

Cashing In on Security

It is possible for cash to be an afterthought. Shoppers are using it less, and it doesn’t command attention like new mobile payment methods do. It’s not disappearing, but it’s not changing either. It’s stable and consistent, but maybe a bit anachronistic. Threats to cash, too, aren’t much different than   Read More


Fundamentals of Credit Card Skimmer Fraud

Fundamentals of Credit Card Skimmer Fraud

A credit card skimmer is a device by which thieves and fraudsters steal credit card information. Often, these events will occur in the retail setting, but there are other ways by which the devices can be used to steal information from card owners for criminal purposes. Unfortunately, all it requires   Read More